Buy to let landlords enjoy fat profits from the mortgage famine

Letting agents LSL Property Services calculate the national average return on landlords’ investment is nearer 4.5 per cent but reckon that average rents in the private sector have risen to a record of nearly £700 a month. Some estate agents claim Government housing policy, such as extending right to buy and removing council house life tenancies, will push rents even higher – and many tenants seem to agree. Read More: